Financial Summary for 3rd Quarter of Fiscal Year Ending May 2026 [Japanese GAAP] (Consolidated)

Overview of Business Performance

For the cumulative 3rd quarter period of the fiscal year ending May 2026, consolidated operating results recorded net sales of ¥120,824 million (2.5% decrease Year-over-Year), operating loss of ¥3,375 million (compared to operating loss of ¥4,939 million in the same period last year), ordinary loss of ¥3,379 million (compared to ordinary loss of ¥5,256 million in the same period last year), and net quarterly loss attributable to owners of the parent company of ¥2,668 million (compared to net loss of ¥3,973 million in the same period last year). The housing business saw a decline in net sales due to fewer units delivered resulting in an operating loss, though the loss margin narrowed. The real estate business posted increased net sales and operating income rose 63.4% Year-over-Year. The financial business posted almost flat net sales while operating income increased. The energy business experienced declines in both net sales and operating income.

Financial Position and Dividend Status

Total assets stood at ¥97,475 million (¥92,302 million in the same period last year), net assets amounted to ¥25,880 million (¥34,275 million in the same period last year), and the equity ratio was 26.5% (37.1% in the same period last year). The dividend forecast for the fiscal year ending May 2026 is an annual dividend of ¥125 (year-end ¥125), a decrease from the previous year's annual dividend of ¥195. The number of shares issued remained unchanged at 29,455,800 shares.

Consolidated Earnings Forecast

The consolidated earnings forecast for the full fiscal year ending May 2026 anticipates net sales of ¥209,000 million (4.1% increase year-over-year), operating income of ¥4,700 million (14.3% increase year-over-year), ordinary income of ¥4,300 million (13.5% increase year-over-year), and net income attributable to owners of parent of ¥1,350 million (8.7% decrease year-over-year). Earnings per share for the fiscal year is projected at ¥46.57.